Oak Brook, IL
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Oak Brook, IL
Oak Brook is a village mostly in DuPage County with a small portion in Cook County in Illinois. Per the 2020 census, the population was 8,163. This suburb of Chicago has the headquarters of several companies and organizations including Ace Hardware, Blistex, Federal Signal, CenterPoint Properties, Sanford L.P., TreeHouse Foods, and Lions Clubs International. It is the former corporate home of McDonald's and Ferrara Candy (now both moved to Chicago). History Oak Brook was originally known as Fullersburg, named after Ben Fuller, an early settler. Oak Brook was incorporated as a village in 1958, due in large part to the efforts of Paul Butler, a prominent civic leader and landowner whose father had first moved to the vicinity in 1898 and opened a dairy farm shortly thereafter. Prior to incorporation, the name Oak Brook was used by local residents to distinguish their community from neighboring Hinsdale and Elmhurst, going back to the founding of the Oak Brook Civic Associa ...
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Village (Illinois)
In the United States, the meaning of village varies by geographic area and legal jurisdiction. In many areas, "village" is a term, sometimes informal, for a type of administrative division at the local government level. Since the Tenth Amendment to the United States Constitution prohibits the federal government from legislating on local government, the states are free to have political subdivisions called "villages" or not to and to define the word in many ways. Typically, a village is a type of municipality, although it can also be a special district or an unincorporated area. It may or may not be recognized for governmental purposes. In informal usage, a U.S. village may be simply a relatively small clustered human settlement without formal legal existence. In colonial New England, a village typically formed around the meetinghouses that were located in the center of each town.Joseph S. Wood (2002), The New England Village', Johns Hopkins University Press Many of these colon ...
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Real Estate Appraisal
Real estate appraisal, property valuation or land valuation is the process of developing an opinion of value for real property (usually market value). Real estate transactions often require appraisals because they occur infrequently and every property is unique (especially their condition, a key factor in valuation), unlike corporate stocks, which are traded daily and are identical (thus a centralized Walrasian auction like a stock exchange is unrealistic). The location also plays a key role in valuation. However, since property cannot change location, it is often the upgrades or improvements to the home that can change its value. Appraisal reports form the basis for mortgage loans, settling estates and divorces, taxation, and so on. Sometimes an appraisal report is used to establish a sale price for a property. Besides the mandatory educational grade, which can vary from Finance to Construction Technology, most, but not all, countries require appraisers to have the license for ...
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McDonald's
McDonald's Corporation is an American Multinational corporation, multinational fast food chain store, chain, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, United States. They rechristened their business as a hamburger stand, and later turned the company into a Franchising, franchise, with the Golden Arches logo being introduced in 1953 at a location in Phoenix, Arizona. In 1955, Ray Kroc, a businessman, joined the company as a franchise agent and proceeded to purchase the chain from the McDonald brothers. McDonald's had its previous headquarters in Oak Brook, Illinois, but moved its global headquarters to Chicago in June 2018. McDonald's is the world's largest restaurant chain by revenue, serving over 69 million customers daily in over 100 countries in more than 40,000 outlets as of 2021. McDonald's is best known for its hamburgers, cheeseburgers and french fries, although their menus include other items like ch ...
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Lions Clubs International
The International Association of Lions Clubs, more commonly known as Lions Clubs International, is an international non-political service organization established originally in 1916 in Chicago, Illinois, by Melvin Jones. It is now headquartered in Oak Brook, Illinois. , it had over 46,000 local clubs and more than 1.4 million members (including the youth wing Leo) in more than 200 countries and geographic areas around the world. Introduction Lions Clubs International was founded in Evansville, Indiana, on 24 October 1916 by William Perry Woods. It subsequently evolved as an international service organization under the guidance and supervision of its secretary, Melvin Jones. In 1917, Jones was a 38-year-old Chicago business leader who told members of his local business club they should reach beyond business issues and address the betterment of their communities and the world. Jones' group, the Business Circle of Chicago, agreed. After contacting similar groups around the Uni ...
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TreeHouse Foods
TreeHouse Foods Inc. is a multinational food processing company specializing in producing private label packaged foods headquartered in Oak Brook, Illinois. Created in 2005 and consisting entirely of acquisitions, in 2010 the company had sales of $2 billion and employed over 4,000 people at 20 facilities. ''Food Processing'' magazine named TreeHouse Foods their 2010 Processor of the Year, calling them "the biggest company you never heard of". In 2015, the company was the 37th-largest food and beverage company in North America. In 2018, TreeHouse Foods was ranked No. 446 on the Fortune 500 list. In 2020, it dropped to No. 552 into the Fortune 1000 list. History In 2005, Dean Specialty Foods was spun off from Dean Foods as Bay Valley Foods, LLC, a division of TreeHouse Foods, Inc. In June of that year, TreeHouse Foods started trading on the New York Stock Exchange with a ticker of THS. Michelle Obama was a member of the board of directors from 2005 through 2007. Acquisition ...
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Sanford L
Sanford may refer to: People *Sanford (given name), including a list of people with the name *Sanford (surname), including a list of people with the name Places United States * Sanford, Alabama, a town in Covington County * Sanford, Colorado, a statutory town in Conejos County * Sanford, Florida, the county seat of Seminole County ** Orlando Sanford International Airport, in Sanford, Floria * Sanford, Georgia, an unincorporated community * Sanford, Kansas, an unincorporated community in Pawnee County * Sanford, Maine, a city in York County ** Sanford (CDP), Maine, a former census-designated place in downtown Sanford * Sanford, Michigan, a village in Midland County * Sanford, Mississippi, an unincorporated community in Covington County * Sanford, New York, a town in Broome County * Sanford, North Carolina, a city in Lee County * Sanford, Texas, a town in Hutchinson County * Sanford, Virginia, a census-designated place in Accomack County * Mount Sanford (Alaska), a shield volcan ...
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CenterPoint Properties
CenterPoint Properties is a company that invests primarily in real estate used for intermodal freight transport. The company owns 325 buildings containing 58 million square feet, including the CenterPoint Intermodal Center, the Chicago International Produce Market and the Kansas City Plant. The company is owned by a joint venture between CalPERS and LaSalle Investment Management. History In 1984, the company was launched as Capital and Regional Properties Corporation, the U.S. subsidiary of Capital and Regional plc. In 1993, the company acquired FCLS Investors Group and became a public company via an initial public offering. In March 2001, the company began development of the $58 million, 436,000 square foot Chicago International Produce Market. In July 2001, the company invested $56 million in 9 suburban buildings and sold an apartment complex, 4 industrial buildings and a 42-acre land parcel in Aurora, Illinois for $48 million. In October 2001, the company began developm ...
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Federal Signal
Federal Signal Corporation is an American manufacturer headquartered in Oak Brook, Illinois. Federal Signal manufactures street sweeper vehicles, public address systems, emergency vehicle equipment, and emergency vehicle lighting. The company operates two groups: Federal Signal Environmental Solutions and Federal Signal Safety and Security Systems. Federal Signal Environmental Solutions Group manufactures street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro excavators, waterblasting equipment, dump truck bodies, and trailers. Federal Signal Safety and Security Systems Group manufactures campus alerting systems, emergency vehicle lighting, emergency sirens, alarm systems, outdoor warning sirens, and public address systems. Currently, the company has 14 manufacturing facilities in 5 different countries. History Federal Signal was founded in Chicago, Illinois, as the Federal Electric Company in 1901 by brothers John and James Gilchrist and partner John Goehs ...
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Blistex
Blistex, Incorporate is an American consumer products company headquartered in Oak Brook, Illinois. Founded in 1947 in the business of developing and marketing lip care products, its offerings have grown to include other brands including Odor-Eaters, Stridex, and Kank-A. Description Blistex, Incorporated was founded in 1947 as a private, independent company in the business of developing and marketing lip care products. It manufactures and sells a wide range of lip balm, lip ointment, and other lip-related products under the Blistex brand name. The company owns and markets additional consumer health and personal care brands including Odor-Eaters (foot care), Tucks (rectal care), Stridex (acne care), Ivarest ( anti-itch ointments), Kank-A (oral pain relief), and Glysomed (moisturizing lotions). Blistex is headquartered outside of Chicago in Oak Brook, Illinois. The company operates a production facility in Oak Brook, Illinois and is a member of the Illinois Manufactur ...
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Ace Hardware
Ace Hardware Corporation is an American hardware retailers' cooperative based in Oak Brook, Illinois, United States. It is the world's largest hardware retail cooperative, and the largest non-grocery American retail cooperative. Founded in 1924 as "Ace Stores", the company changed its name to "Ace Hardware Corporation" in 1931. It grew dramatically following World War II, more than tripling its sales between the late 1940s and 1959. After the retirement of longtime president and founder Richard Hesse in 1973, Ace was sold to its retailers, becoming a retailer-owned cooperative. It first reached $1 billion in wholesale sales in 1985 and $5 billion in 2015. , it has over 5,200 locations in 60 countries. Ace operates 17 distribution centers in the United States, and additional distribution facilities in China, Panama, and the United Arab Emirates. History In 1924, to increase buying power and profits, entrepreneurs Richard Hesse, E. Gunnard Lindquist, Frank Burke and Osca ...
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Chicago
(''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_type2 = Counties , subdivision_name1 = Illinois , subdivision_name2 = Cook and DuPage , established_title = Settled , established_date = , established_title2 = Incorporated (city) , established_date2 = , founder = Jean Baptiste Point du Sable , government_type = Mayor–council , governing_body = Chicago City Council , leader_title = Mayor , leader_name = Lori Lightfoot ( D) , leader_title1 = City Clerk , leader_name1 = Anna Valencia ( D) , unit_pref = Imperial , area_footnotes = , area_tot ...
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Illinois
Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolitan areas include, Peoria metropolitan area, Illinois, Peoria and Rockford metropolitan area, Illinois, Rockford, as well Springfield, Illinois, Springfield, its capital. Of the fifty U.S. states, Illinois has the List of U.S. states and territories by GDP, fifth-largest gross domestic product (GDP), the List of U.S. states and territories by population, sixth-largest population, and the List of U.S. states and territories by area, 25th-largest land area. Illinois has a highly diverse Economy of Illinois, economy, with the global city of Chicago in the northeast, major industrial and agricultural productivity, agricultural hubs in the north and center, and natural resources such as coal, timber, and petroleum in the south. Owing to its centr ...
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